Credit and Trade Loan Analyst

About the role

The Credit and Trade Loan Analyst is accountable to perform credit assessment and trade loan activities by calculating and evaluating trade loans, preparing and submitting credit and trade loan evaluations for authorizations, evaluating, monitoring and reporting trade finance performance. Credit and Trade loan Analyst is also accountable to perform credit analyzes for the designated customers portfolio to ensure trade debtor balances are tightly controlled and credit risk appraisal of new and existing customers is carried out adhering to the Credit Policy. The job holder should have a deep understanding of Castrol Credit Policy & Trade Loan policies and of the relevant systems and tools and manage/balance diverse demands from Partners within multiple countries. The Credit and Trade Loan Analyst has a strong influence to enable business with the customers at all and/or to reach strategic goals in trade investments. In this role You will Perform regular and event driven Credit Assessments and Trade Loan evaluations based on the Credit Policy, Trade Loan Policy, and BP DoA by: Perform Customer Due Diligence to understand the financial and commercial prospects of the customer Work together with sales to collect the vital financial documents from the customer for a timely evaluation of their creditworthiness Prepare, validate & submit trade loan proposals with credit appraisal for approval and ensure that they are aligned with BP financial guidelines (eg IRR, Credit Risk, DoA) Prepare high quality Credit Assessments, Authority to Negotiate (ATN) and Financial Memorandum (FM), submit for approval and ensure documentation in an appropriate manner Review and ensure that Trade Loan and Credit Risk data in local ERP and other relevant systems is correctly set up Use personal judgement and initiative to develop effective and constructive solutions to challenges in trade loan evaluation, credit risk and performance management Investigate, plan and implement strategically effective and relevant methods to improve the deals and meet customer expectations Define the overall need and type of securities, coordinate with sales, verify customer and/or banks details on securities Take decision to block/ unblock customers from delivery Monitor customer's portfolio regarding alerts, take the vital actions to avoid bad debts Proactively lead calls across different functions to ensure risk taken is counterbalanced by profitable return Regular meetings with the business to be involved in the developments on the market, the business strategies, customer needs etc. Trade Loan and Credit Exposure Management, Monitoring, Forecasting be able to identify key, strategic or high risks related to trade investments and take actions together with the relevant partners. Evaluate and articulate the underlying delivery of actuals vs. the target (volume and Gross Margin) on a monthly basis and take action as per the Contract. Monitoring of credit exposure versus credit limit, delivery of Key Performance Indicators Take full ownership of the assigned Trade Loan and Credit portfolio, take part in decision making from commercial point of view together with partners (Sales, Finance & Credit management). Understand the business and drive execution by keep close contact to sales by attending and/or organizing regular meetings on Trade Loan and Credit Assessment reviews and be a business partner to balance the risk and enable the business Resolve internal & external queries and issues Reporting by Perform various regular reporting activities and ad hoc reporting's in an accurate and timely manner; Reconcile and validate Trade Loan accounts and be able to analyze and explain Trade Loan P&L impact. Partner management with all relevant people inside or outside of C

Additional Information

Entity: Finance Job Family Group: Finance Group Job Description: Our purpose is to deliver energy to the world, today and tomorrow. For over 100 years, bp has focused on discovering, developing, and producing oil and gas in the nations where we operate. We are one of the few companies globally that can provide governments and customers with an integrated energy offering. Delivering our strategy sustainably is fundamental to achieving our ambition to be a net zero company by 2050 or sooner. It's an exciting time to join bp. Meeting the energy challenge requires many different approaches and solutions. And as part of Finance Business & Technology (FBT), you'll be fully connected into the world of bp. You'll play an increasingly important part within a network of like-minded colleagues partnering on strategic projects that stretch across the globe. And it starts with you. There's a world of opportunities to build new skills, challenge yourself and grow a long-term career at bp. And no matter where you work, your role will have meaning, purpose and impact. So, if you want to be part of a caring, supportive environment where you can realize your full potential, we're with you.

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at BP? Share your experience